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What is accounting?
Question
Asked 10/3/2012 4:51:22 PM
Updated 8/10/2015 1:45:52 PM
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This answer has been confirmed as correct and helpful.
Edited by yumdrea [8/10/2015 1:45:39 PM], Confirmed by yumdrea [8/10/2015 1:45:52 PM]
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User: What is accounting?

Weegy: Accounting or accountancy is the measurement, processing and communication of financial information about economic entities.



User: What is liability?

Question
Asked 10/3/2012 4:51:22 PM
Updated 8/10/2015 1:45:52 PM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by yumdrea [8/10/2015 1:45:39 PM], Confirmed by yumdrea [8/10/2015 1:45:52 PM]
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Liability is an obligation that legally binds an individual or company to settle a debt.

Added 8/10/2015 1:45:41 PM
This answer has been confirmed as correct and helpful.
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